Cushman & Wakefield to manage Astrum in Warsaw

01
Jul
2022
News - Cushman & Wakefield to manage Astrum in Warsaw #Cushman&Wakefield #office #Poland #property management #Warsaw #Wood & Company

by Property Forum | Office

Wood & Company has appointed Cushman & Wakefield as the property manager of its Astrum Business Park in Warsaw’s Włochy district.


Astrum Business Park at ul. Łopuszańka 95 comprises a six-storey building and three four-floor segments with 23,300 sqm of leasable office space. The complex has received BREEAM certification at the ‘Very Good’ rating, due to such green solutions as elevations with high thermal insulation performance ensuring low heat consumption, modern air-conditioning with individual temperature control, waste sorting and an electric vehicle charging station

"At Cushman & Wakefield, we are pleased that the new owner of Astrum Business Park has entrusted us with the property management of the complex. Its prime location with convenient connections to the centre of the capital and its green solutions mean that it’s a functional and tenant-friendly building", commented Karolina Wiśniewska, a senior portfolio manager at Cushman & Wakefield.

Wood & Company, which is headquartered in Prague, entered the Polish market in April when the Wood & Company Real Estate Fund acquired Astrum Business Park from Prochem and the LFI 1 FIZAN investment fund for an undisclosed sum. Founded in 1991, the group has offices in seven European cities: Prague, Bratislava, Warsaw, Milan, Bucharest, Dublin and London. Following the acquisition of Astrum Business Park, the fund’s portfolio comprises eight office buildings and three shopping centres in the capital cities of the CEE region – a total of more than 332,500 sqm of leasable space.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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